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Wednesday, 2 November 2016

Net Worth: October 2016

The weakness in the stock market during the past month adversely affected my retirement savings and geared stock portfolio. This was somewhat offset by the increase in valuation of our home. As usual I used the purchase/transfer value for my hobby farm, rather than attempting to calculate a current 'market value'. I also haven't included the 'stock units' recently allocated to me by my employer, as they don't 'vest' for three years. When the time comes I'll start including the current market valuation of any 'vested' stock units. The annual amount isn't material to my overall NW, as the stock allocation is based on 5% of current salary, but may accumulate to a nice little 'nest egg' if I stay with my current employer until retirement.



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